08/07/2024
Aside from the length, careful consideration needs to be made when deciding whether to opt for a 2 or 5 year fixed. In recent times, 5 year fixed rates are generally offering a cheaper rate of interest compared with 2 years, but rate chasing is not always the best option. Flexibility is important if moving could be on the horizon, plus with rates still being on the high side, it could be worth opting for a 2 year fixed in the hope rates will drop after this period. However, choosing a long-term product can give you peace of mind, especially if you're comfortable with the payments at hand and would like to avoid the hassle of remortgaging every few years.
It’s always important to talk through your situation which is why we're here to help.
Contact us now to speak to a qualified Adviser 🔐
01494 778899📞
[email protected] 📧
www.pffinancial.co.uk 💻
1A High Street, Bovingdon, Hemel Hempstead HP3 0HG 🏘
Your home may be repossessed if you do not keep up repayments on your mortgage.
